The Pharma & Healthcare industry is of vital importance for human and economic development, providing a wide range of goods and services relevant to the promotion of health at all stages in the healthcare process – from prevention and treatment to rehabilitation and palliative care. It is one of the fastest-growing industries, supported by profound demographic changes, the rising incidence of non-communicable diseases, and surging per capita health spending in both developed and emerging markets. The industry is also one of the major innovators, with increasing expenditures on development of new molecules, biotechnology and adoption of new technologies that provide advanced healthcare and ensure the longevity of the population.
The Pharma & Healthcare industry comprises the manufacture of pharmaceuticals for human and veterinary use, medical equipment and related supplies. It also includes providers of ambulatory health services, medical and diagnostic laboratories, hospitals, and nursing and residential care facilities.
Latin America is a key pharmaceutical and healthcare market. The region's growing economies, coupled with an ageing population and increased life expectancy across the board, translate to an ever-growing demand for medicine and health-related ...
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Brazil is the largest pharmaceutical market in Latin America, with retail drug sales of USD 27.1bn for the 12 months ending in June 2022. Brazil's pharmaceutical and healthcare sectors are transitioning into the post-pandemic period with some ...
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Brazil is the largest pharmaceutical market in Latin America, with retail drug sales of USD 33.1bn in 2022. Brazil's pharmaceutical and healthcare sector faced several challenges during the COVID-19 pandemic, including shortages of drugs and active ...
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Latin America was among the hardest-hit regions by the COVID-19 pandemic. The novel coronavirus entered the region at a bad time. The commodities boom at end of the 2000s combined with several local crises afterwards have hurt badly the public ...
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Argentina is the third-largest pharmaceutical market in Latin America, with retail drug sales of USD 4.7bn in 2019. The country has a large and ageing population, a relatively developed public health system, and a small but consolidated ...
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In the past two decades, Latin America has embraced a universal health strategy, based on the principles of equity, solidarity and collective action. This strategy required steadily growing public expenditure on health in order to guarantee universal ...
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In 2018, Argentina was the third largest pharmaceutical market in Latin America with retail drug sales of USD 4.9bn. The country has a large and ageing population, a relatively developed public health system, and a small but consolidated private ...
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Although the global pharma & healthcare sector is dominated by large multinational companies, mainly from the developed countries, Latin America has been quickly catching up in building a domestic pharmaceutical production base and expanding the ...
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